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NFT sales down 44%, Logan Paul sues Coffeezilla: Nifty Newsletter
3.7.2024
Logan Paul claims YouTuber Stephen Findeisen, also known as Coffeezilla, “maliciously and repeatedly” made false statements about his NFT project CryptoZoo
Bitcoin Market in Flux: Glassnode Analysis Highlights Key Insights
3.7.2024
Despite Bitcoin’s sideways price action, market profitability remains strong, according to a recent report by onchain analysis firm Glassnode. The report highlights significant trends in investor behavior and market conditions that may signal future volatility. Amid Market Fear, Bitcoin...
DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week
3.7.2024
Pendle has recently lost $3 billion of its TVL with the June expiry as a result of diminishing airdrop farming hype and lower yields amid muted crypto activity
CoinDesk 20 Performance Update: XRP and LTC Top Performers as Crypto Market Tumbles
3.7.2024
The CoinDesk 20 index drops 4.2%, with XRP and LTC leading and no assets managing to trade higher
New Ethereum ETF launch expected to transform crypto market
3.7.2024
The brand new exchange-traded fund will skyrocket Ethereum into new heights of imaginative novelty. Expectations of the launching of spot Ethereum exchange-traded funds will be a game-changing event for the international cryptocurrency industry. Options provide traders with a massive opportunity...
CoinDCX crypto exchange acquires BitOasis, expands into MENA region
3.7.2024
CoinDCX’s acquisition of BitOasis opens new opportunities in the Middle East and ensures regulated and secure trading
Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy
3.7.2024
The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said
Bitcoin Technical Analysis: BTC Slips Below $60K Closing CME Gap
3.7.2024
Bitcoin’s price on July 3, 2024, stands at $60,177, with a 24-hour intraday range from $59,712 to $62,974. The trading volume over the past 24 hours reached $24.36 billion, and the market capitalization is currently at $1.18 trillion. Analyzing various time frames and technical indicators...
BlockDAG blasts off! Presale hits nearly $55.2M, crushing XRP & JasmyCoin’s market waves
3.7.2024
Recent developments in the cryptocurrency world spotlight pivotal trends and lucrative opportunities for enthusiasts of XRP, JasmyCoin, and the soaring BlockDAG. Despite a general market slump, XRP has seen a surge in trading volume, signaling robust investor interest. Meanwhile, JasmyCoin...
Trump’s 2024 Election Odds Jump to 66% on Polymarket; GOP Expected to Control Congress
3.7.2024
Donald Trump’s prospects of winning the 2024 election have risen, with the prediction market Polymarket reporting his odds at 66% as of July 2, 2024. Meanwhile, a wager worth $294 million indicates that incumbent President Joe Biden’s chances stand at 18%. Trump Favored Over Biden in 2024 Election...
Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024
2.7.2024
Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable market activity, according to a Coinmetrics report. Bitcoin Mining Faces Pressures...
Bitcoin traders say BTC’s trend change decision rests at $65K
2.7.2024
Bitcoin’s trend change decision awaits at $65,000 where short-term traders breakeven and leveraged shorts risk a major washout
Market Jitters: Germany Offloads 3,820 BTC in a Week, Impacting Crypto Sentiment
2.7.2024
Over the past seven days, data reveals that the German government has transferred 3,820 BTC to cryptocurrency exchanges, with around 2,165.49 BTC moved in the last eight hours. German Government’s Bitcoin Transfers Cause Stir A week ago, Bitcoin.com News reported that the German...
BTC clings to $62K as US labor data fuels market watch
2.7.2024
With the United States economy still struggling with unemployment and a decrease in manufacturing, Bitcoin (BTC) is capturing the interest of investors who want to speculate on the Federal Reserve’s future decisions and their impact on virtual currencies. On July 1, BTC rose by a mere 0.24%...
Dormant Bitcoin Wallets From 2010-2017 Transfer $294M in June
2.7.2024
Long-time bitcoin holders moved a total of 4,681.438 BTC, worth $294 million, from dormant wallets dating from 2010 to 2017. The most significant activity was from addresses created in 2016, with 2,442.302 BTC exchanged across 14 transactions. 4,681 BTC Moved From Long-Inactive Wallets While...
German gov’t transfers another $52M Bitcoin, threatening more BTC selling pressure
2.7.2024
The repeated Bitcoin transfers to centralized exchanges suggest that the government is planning to sell its $2.75 billion worth of BTC holdings
Bitcoin ETF inflows highest in a month as Bitcoin hovers near $63K
2.7.2024
BlackRock’s IBIT and Grayscale’s GBTC, the two largest spot Bitcoin ETFs by net asset value, saw zero flows on Monday
Northern Data Mulls US Market AI Entity IPO at up to $16 Billion Valuation
2.7.2024
Northern Data, a European cloud computing, artificial intelligence (AI), and bitcoin mining company, is reportedly mulling going public in U.S. markets. The company would be in talks to complete its initial public offering (IPO) in 2025, creating an entity combining its AI cloud computing and data...
Crypto ‘relief rally’ may be just beginning with sellers exhausted
2.7.2024
The crypto market could bounce back this month after a rocky June, with stablecoin outflow from exchanges showing slowing selling pressure
Top underrated crypto: BlockDAG’s $54.9M presale thrives beyond Arbitrum & Optimism
2.7.2024
Despite a dip in its price, Arbitrum (ARB) has shown remarkable market resilience, reaching a market cap of $2.23 billion. At the same time, the price of Optimism has steadily risen, reflecting ongoing improvements and expansion in its Layer 2 solution capabilities. Amidst these market movements...